English | 简体 | 繁體 Sign Up Now | Log In | Help | Add favorite | Expo-Sourcing
PackSourcing
Your location:Home » Information Center
Global Recycled Materials Packaging to Post CAGR of 4.67% to 2024
2019-11-08
From:Packworld

Consumer demand for carbonated beverages was flat from 2013-2018, but will see some growth into 2023, along with continued growth of water and beer markets.



Consumer demand for carbonated beverages was flat from 2013-2018, but will see some growth into 2023.


Bottled water continues to grow in Eastern Europe markets, due to consumer concerns with low tap water quality. According to “Global Packaging Landscape: Growth, Trends & Innovations,” a new report compiled by Euromonitor International for PMMI Business Intelligence, bottled water holds 45% of the total soft drinks volume, and still remains the largest category with higher projected growth rates. PET dominates, but metal and glass are gaining popularity over sustainability concerns.

In 2018, Poland represented 43% of retail/off-trade unit volume, with 1001-2000 ml being the most popular pack size. However, 330-500 ml bottles are projected to show higher demand in the future.

Bulk water is slowly claiming a higher market share due to the convenience of use and delivery, and new opportunities for bottled water exist with children being an emerging consumer group.

In the beer market, glass bottles hold the commanding lead among pack types despite some loss in market size during the 2013-2018 period. Due to sustainability concerns, glass bottles are expected to grow slightly over the next few years (from 63% market share in 2018 to 64% by 2023).

Brand share in the beer market is very fragmented in Eastern Europe. Name brands claim 81% of the market. Baltika (Carlsberg A/S) is the largest specified brand with 5.7% of total volume in 2018, and Carlsberg A/S has the largest market share by company. There were 16.1 billion total units sold in 2018.

PET bottles, metal beverage cans, and glass bottles are expected to remain the main pack types for carbonates through 2023, a market that had 6.5 billion total units sold in 2018.

The use of PET bottles for carbonates has decreased since 2018 but will continue to be steady through 2023. Manufacturers are using other pack types, and this variety of packaging materials may also help brands distinguish sugary drinks on the market from products that consumers will perceive as a healthier substitute.

Claims
The copyrights of articles in the website belong to authors. Please inform us if there is any violation of intellectual property and we will delete the articles immediately.
About Us | Trade Manual | User's Guide | Payment | Career Opportunities | Exchange Web Links | Advertisement | Contact